Entry-level Ferrari rumored to arrive with twin-turbo 2.9-liter V6

Just like McLaren, who is working on an entry-level model, Ferrari is also planning to follow the same strategy with a new vehicle slotted under the 458 Italia. According to Automobile Magazine, the Italian manufacturer owned by Fiat is planning an entry-level sports car powered by a new 2.9-liter twin-turbo V6 engine.

Apparently, the small engine will be developed especially for markets such as China, where an under 3.0-liter engine has serious tax advantages. The total output developed by the new 2.9-liter V6 is expected to be around 500 hp and 440 lb-ft (almost 600 Nm) of torque.

Still, entry-level doesn’t mean cheap and the entry-level Ferrari is expected to fetch around 175,000 euros or $237,000. Same sources also revealed the fact that Ferrari will introduce new models such as the LaFerrari FXX track-focused model or the LaFerrari Spider, which will cost around $2.8 million or 1.7 million euros, twice the price of the coupe.

In addition, the facelifted version of the 458 Italia will be introduced next year at the 2015 Geneva Motor Show, where it will show its new 3.8-liter twin-turbo V8 engine that powers the new California T. The new engine will develop approximately 670 hp on the M458-T (458 Italia Facelift with turbochargers).

Until the facelifted 458 Italia will arrive, Ferrari will unveil the 458 Speciale Spider, possibly at the 2014 Paris Motor Show. According to our sources, Ferrari dealers already started taking orders for the open-top hardcore version of the 458 Italia.